Royalty Coordinator, Record Label
Business Unit: Big Machine Label Group
Department: Royalties
Reports to: Senior Director, Royalty Accounting & Income Analysis
Location: Nashville, TN, Hybrid
Schedule: M-F, 9am-6pm
Compensation: Starting at $40K per year | Full-Time | Salary | Non-Exempt
About Big Machine Label Group:
Led by Founder, President and CEO Scott Borchetta, the Big Machine Label Group encompasses Big Machine Records, The Valory Music Co., BMLG Records, Big Machine/John Varvatos Records and publishing company Big Machine Music as well as its own digital radio station, Big Machine Radio.
Job Summary:
The Royalty Coordinator will be responsible for providing support to the Royalties team to ensure timely and accurate reporting of mechanical and artist royalties. This role will present an opportunity for career growth, development, and expansion of professional entertainment industry skills.
Essential Job Functions:
· Prepare incoming source statements for entry into royalty software.
· Review and analyze statement data for accuracy.
· Track and detail income discrepancies and communicate with royalty sources to recover monies.
· Resolve payment, rate issues and missing statement detail with royalty sources.
· Maintain organization of royalty files and other documentation.
· Prepare & review artist & mechanical royalty statements.
· Prepare rate sheets for artist royalty setups.
· Set up artist and producer contracts in royalty software.
· Request documentation from royaltors & update data in royalty software.
Indirect Job Functions:
· Answer inquiries from writers, publishers, artists, and producers regarding royalty statements.
· Collaborate with Business & Legal Affairs and Finance to ensure all documentation is in place for royalty accounting and payments.
· Review administration change requests and make updates in royalty system.
· Suggest improvements for department workflow or systems.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Required Experience:
· At least two years of professional work experience, preferably in the entertainment industry.
· Prior experience in music royalties, preferably music publishing royalties, strongly preferred.
· Experience using Tableau, Airtable, and database systems preferred.
Required Skills:
· Must be extremely detail-oriented with exceptional organization skills.
· High accuracy rate for data entry.
· Analytical problem-solving, data pattern recognition, and analysis.
· High level of competency with Microsoft Excel.
· Strong written and verbal communication skills.
· Ability to thrive and be positive in a fast-paced, high-accuracy needed environment.
· High agility and adaptability to change.
· Ability to work independently; must be self-motivated.
· Ability to work collaboratively with fellow team members and other departments.
· Must be able to maintain high confidentiality.
Education:
Bachelor’s Degree in Music Business, Finance, Accounting, and/or related field preferred.
Supervisory Responsibilities:
None.
Travel Required:
0-10%
Big Machine Label Group is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Big Machine Label Group
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